The Premier League revealed on Wednesday that Arsenal became the first club to top £100 million ($147m, 132m euros) in earnings from a single season.
Arsenal finished second behind Leicester City meaning they earned less than the champions in merit payments based on their league finish.
But bitter north London rivals Tottenham Hotspur's late-season collapse allowed them to pinch second place and an extra £1.2 million that took their season earnings over the £100 million mark.
The Gunners benefitted from the greatest amount of facility fees, meaning they featured in more live television matches than anyone else with 27 compared to Manchester United's 26, 25 for Manchester City, just 21 for Spurs and a meagre 15 for Leicester.
Manchester City narrowly edged out United for second place in the earnings table with a shade under £97 million, while Leicester were only fifth with a little over £93 million.